The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora & PAC
HBESD · price
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Rima Arora, part of the promoter group of HB Estate Developers Ltd, purchased 15,000 equity shares through open market on September 10, 2025. This is a disclosure under SEBI SAST Regulation 29(2). Her individual holding rose from 3,67,237 shares (1.65%) to 3,82,237 shares (1.72%). The total promoter group holding increased marginally from 69.62% to 69.69% of the equity capital. The total share capital remains 22,20,9,947 equity shares of Rs. 10 each, with diluted capital at 22,95,9,947 shares (assuming conversion of 7,50,000 warrants).
This is a small open market purchase by a promoter group member, signalling continued promoter confidence. However, the increase is marginal (0.07%) and unlikely to materially affect stock price. Promoter holding remains well above 50%, indicating strong promoter control.